We can't wait to hear this five-word acceptance speech: Comedian and FX TV star Louis C.K. has been named the Webby Awards person of the year.

Louis C.K. nabbed the Webby kudos for setting a "new precedent for distribution" with his "Live at the Beacon Theater" comedy special. He released "Live at the Beacon Theater" online in December for just $5 per download, and it earned $1 million in just the first two weeks of release.

Fellow comics Jim Gaffigan and "Parks and Recreation" star Aziz Ansari have since followed Louis C.K. and released their own comedy projects online.

The Webbys honor the best achievements on the interwebs, and are famous for the pressure-packed requirement that honorees are limited to making a five-word acceptance speech.

The awards are presented by the International Academy of Digital Arts and Sciences, a group of about 1,000 Web experts and Internet professionals, and honor winners in more than 100 categories.

Other winners for the 16th annual Webbys — which will be presented on May 21 at the Hammerstein Ballroom in New York City — include Bjork as artist of the year for her album "Biophilia," Instagram as breakout of the year, Facebook as the first winner of the People’s Special Achievement for Social Change Webby and Juliette Lewis and Graydon Sheppard of "Shit Girls Say" as Webby zctresses of the year.

Other notable winners include HBO Connect for best TV website, The Onion for best humor website, Kiefer Sutherland's "The Confession" for best drama, Pinterest for best social media app, Will Ferrell for best actor for the FunnyorDie.com video "President Bush Reacts to Osama Bin Laden's Death," and best long-form comedy video went to FunnyorDie.com for "Drunk History Christmas with Ryan Gosling, Jim Carrey and Eva Mendes."

The Webby Awards ceremony, hosted by comedian Patton Oswalt, will be broadcast live at WebbyAwards.com.

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